2013 (Mercantile Law ) Bar Exam Questions: Multiple Choice Question 9

[Answer/discuss the question below. Or check Mercantile Law Instructions; Mercantile Law Essay Questions: 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10; Mercantile Multiple Choice Questions: 1, 2, 3, 4, 5, 6, 7, 810, 11, 12, 13, 14 and 15; See also 2013 Bar Exam: Information, Discussions, Tips, Questions and Results]

IX.

A bank may acquire real property ______. (1%)

(A) by purchase at a public sale of properties levied to satisfy tax delinquencies

(B) by purchase from a real estate corporation in the ordinary course of the bank’s business

(C) through dacion en pago in satisfaction of a debt in favor of the bank

(D) in exchange for the purchase of shares of stocks of the bank

(E) All of the above.

(F) None of the above.

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